More bad news from Cuba?

[Ryan]

There are signs of green shoots in Cuba. Coming slowly but some aspects of an opening up coming. The government is open to more business. More and more small to medium private businesses opening up.

[Ryan]

https://www.reuters.com/world/americ...ns-2023-11-09/

Still ongoing...

The Partagas festival is on now. The big Habanos festival is in Feb. Someone said they hiked the gala dinner cost tenfold. They trying to run the country's economy on cigars?

The Partagas festival was great and well priced this year. Partagas shop staff themselves took back control of it after the debacle that was last year.
The Habanos gala dinner will not be $5,000 next year. The person who said that is wrong. It was $1,250 this year. It might be $1,500 next year.
Cuba still has lots of problems, but there are opportunities too.
I know people who have to go to Honduras for cigar business, they have security meet them at the airport. I have a driver meet me in Havana, and he drops me at at a bar. Then I walk to my apartment.

[YoelD]

We'll, I can safely say we've seen price increases across the Cuban brands.
Some of them seem shockingly high.

[ha_banos]

We'll, I can safely say we've seen price increases across the Cuban brands.
Some of them seem shockingly high.

Looking through even the sale prices on cgars is eye watering. I agree seems like the January increases are significant.

Shop around.

[Deano]

I don't see the price rises yet - those sale prices have been much the same for a few months

[ha_banos]

I don't see the price rises yet - those sale prices have been much the same for a few months

Depends what you're looking at, not sale items though - although they are scary enough lol

Hoyo de Monterrey Epicure No. 2 Cigar - Cabinet of 25,799.99
now
Hoyo de Monterrey Epicure No. 2 Cigar - Cabinet of 25,859.99

Juan Lopez Seleccion No. 2 Cigar - Box of 25,675.99
now
Juan Lopez Seleccion No. 2 Cigar - Box of 25,719.99

Montecristo Petit No. 2 Cigar - Box of 25,846.99
now
Montecristo Petit No. 2 Cigar - Box of 25,919.99

[ha_banos]

Also just seen this on another forum... The prices above are indeed pre the official price increases due any month now...

Cohiba, BHK and other high-priced editions increase by around 5%.
Regular/Standard between 10-15%. Exceptions here are Piedras, Rafael Gonzalez and Quintero with ~5%.

[smokey joe]

Depends what you're looking at, not sale items though - although they are scary enough lol

Hoyo de Monterrey Epicure No. 2 Cigar - Cabinet of 25,799.99
now
Hoyo de Monterrey Epicure No. 2 Cigar - Cabinet of 25,859.99

Juan Lopez Seleccion No. 2 Cigar - Box of 25,675.99
now
Juan Lopez Seleccion No. 2 Cigar - Box of 25,719.99

Montecristo Petit No. 2 Cigar - Box of 25,846.99
now
Montecristo Petit No. 2 Cigar - Box of 25,919.99

For a second I saw 25,919.99 and thought is that pesos or rubles?!

[Simon Bolivar]

This shows how bad things are getting, not exactly green shoots. If you look at other articles over the last year on this site, you'll see a continuing downward spiral.Fuel in Cuba to become five times more expensive - BBC News

[ha_banos]

Halfwheel have produced a percentage list of the increases here https://halfwheel.com/cuban-cigar-pr...r-2024/434044/

Generally a lot worse than I would have thought. These are Spanish price increases.

Cuaba tops the list with a 22% increase.

[liles]

Halfwheel have produced a percentage list of the increases here https://halfwheel.com/cuban-cigar-pr...r-2024/434044/

Generally a lot worse than I would have thought. These are Spanish price increases.

Cuaba tops the list with a 22% increase.

Wowee. Terrible time to just be getting into the hobby

Guess it's now or never to start stacking up some boxes

[SonicStag]

Still a hell of a lot cheaper than here & then on top of the government tax, the site sponsor will add a hefty premium tax as their the only ones who generally have decent stock